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The New Zealand new truck market slowed slightly in May, but heavy commercial vehicle sales are faring much better than the passenger vehicle market.

NZ Transport Agency data shows 459 new trucks were registered for the month in the overall market (trucks with a GVM of 4.5 tonnes or more), taking the total sales for the first five months of the year to 2399.

The total for the same January-May period last year was 2452 registrations, but for context the latest result is still the second-highest January-May registration total on record. In contrast the light passenger segment (cars and SUVs) for May is down 33.4% compared to May 2023 and 22% down year-to-dat... ... 

New truck registration figures for February continue the strong trend from January and are running ahead of the record registration numbers achieved in the first two months of last year.

According to NZTA provisional data there were 475 trucks (with a GVM of 4.5 tonnes-plus) registered in February – actually one registration shy of February 2023 but the YTD total of 937 units keeps the market 6.9% ahead of the 876 sales YTD February 2023.

Official NZ Transport Agency registration data shows trailer registrations are also achieving record performance. The total 280 YTD registrations are an impressive 25.5% up on the previous Feb 2018 record of 223 and well u... ... 

Isuzu has narrowly secured the number one ranking in the New Zealand new truck market after a year-long duel with Fuso ended with only four units separating the Japanese brands in 2023.

It’s a return to the top spot for Isuzu which had been the truck market leader for 21 years until Fuso moved ahead to secure two years of leadership in 2021 and 2022.

The NZTA registration data for 2023 also confirms a new record for new truck sales (with a GVM above 4.5 tonnes) with 6,183 registrations for the full year. The market finishes the year showing a slight increase of 3.27% compared to 2022 (5987 registrations) with the rate of growth slowing as the year progresse... ... 

Another steady sales month during September sees the New Zealand new truck market remaining on track to achieve a record year.

New truck registration figures for September sees 587 trucks with a GVM of 4.5 tonnes or more being registered. The year-to-date (YTD) total is now 4648 registrations, according to official NZ Transport Agency data.

The 587 unit monthly total is a decrease from last year’s 649 registrations, however the YTD total of 4648 sees the market still running 5.4% ahead of the same period last year.

The trailer market also remains strong with 142 new registrations in September and 1175 for the first nine months of the year. This makes... ...